Page 112 - CAPE Financial Services Syllabus Macmillan_Neat
P. 112
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3. (a) Outline THREE importance of a conceptual framework in the preparation and DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA
presentation of financial statements.
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[3 marks]
(b) Explain the following generally accepted accounting principles:
(i) Materiality
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